Sell LUNC/USDT – 30M – SELL

The combination Terra Luna Classic/Tether (LUNC/USDT) goes from the bullish trendline down.

A descent down to the next support line at 0.000106500 will continue.

Caution: A possible trend reversal in the direction of resistance at 0.000110380 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Bearish Engulfing’ candle chart pattern is discovered. The chart forms ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.

Support & Resistance Price Range*
3rd High 0.000116100
2nd High 0.000112900
Next High 0.000110380
Current Price 0.000107430
Next Low 0.000106500
2nd Low 0.000106200
3rd Low 0.000101200

Download LUNC/USDT Signal Image

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